Slow Wage Growth Could Be Thanks to ‘Sticky Wages’
Wages can be "sticky" even in the absence of government. But the biggest problems with wage rigidity are often the result of government intervention.
Prices
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3 Good Things about “Price Gouging”
When sellers can price goods freely, we are all better able to plan and conserve for future use of essential goods.
The Eclipse: How Markets Could Have Prevented the “Traffic Nightmare”
After the eclipse, access to major roadways should have been priced according to highway capacity and demand.
Why Government Has a Dangerous Obsession with Statistics
In a free market, businesses have little need of economy-wide statistics. They are, however, desperately needed for any sort of government planning.
A Modern Concept of Asset Price Inflation in Boom and Depression
The aim of this article is to demonstrate how monetary disorder spawns asset price inflation.
How Governments Outlaw Affordable Housing
In many places, rent growth means more housing is badly needed. Unfortunately, local governments are working hard to limit the supply of housing.
Rising Oil Prices Don’t Cause Inflation
The core driver of general increases in prices of goods and services is central-bank driven money-supply growth, not the price of oil.
Busting the “Free College” Myth
If New Yorkers wanted to help students by paying for their tuition, they would have already done so on their own.
Jeff Bezos Got Rich By Giving His Customers What They Want
Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.
